In this episode of More MPE, hosts Ray Horton and Sandi Wright speak with Daniel Nissenbaum ’88, CEO of Low Income Investment Fund (LIIF), one of the largest of a special kind of nonprofit organization known as Community Development Financial Institutions. As such, LIIF is able to aggregate funds from all levels of government, banks, and foundations to make targeted investments in low-income communities.
Nissenbaum graduated in 1983 from Grinnell College, where he first developed an interest in urban economic development. After graduating from Columbia Business School in 1988, he worked for six Wall Street firms building the skills, experience, and networks that prepared him for the leadership of LIIF.
Among the topics discussed in this episode is the importance of mentors in Nissenbaum’s career from his time at Columbia Business School through every stop in his career. He also discusses why he chose the MBA over the MPA, the “zip code as destiny” hypothesis, and why LIIF’s strategy of supporting racial equity may be threatened in 2025.
Mentioned in this episode:
- Daniel Nissenbaum ’88
